Here’s why in a few years EVs may cost less than gas models

Lithium SaltsLithium supply may soon exceed demand for use in EV batteries, potentially bringing price parity with internal-combustion vehicles later this decade, according to a new study from the International Council on Clean Transportation (ICCT). New emissions rules proposed by the EPA are expected to boost EV sales to 67% of total U.S. new-car sales by...

GM taps ex-Tesla battery chief to deliver cheaper EVs sooner

2022 GMC Hummer EV pre-production at Factory Zero plant in Detroit, MichiganGeneral Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. In this newly-created position, Kelty will be tasked with bringing together GM's development resources "to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale," and will report...